Market Outline: North America Knee Braces Market

Knee braces refers to the medical aids that are used to support the painful or injured knee. Knee braces are also used to prevent injuries during the sports. There are different kind of knee braces based on their functionality. Prophylactic knee braces are used to prevent the injuries, functional knee braces are used as support for injured knees, rehabilitative braces are used to prevent harmful movements of knee and fasten the healing after injury or surgery and patellofemoral knee braces helps kneecap move smoothly over the knee joint. Usually, braces available in different sizes and shapes are made up of combination of metal, plastic, foam, straps and elastic material.

Market dynamics: North America Knee Braces Market

Main growth factors for North America knee braces market includes technological advancements and adaptation of of knee braces in sports for the protection and increase in prevalence of osteoarthritis U.S. In addition presence of key market players and new product launches in U.S. and Canada expected to bolster the North America knee braces market during the forecast period. However, availability of the less supportive studies in applications of knee braces market may hamper the market growth during the forecast period.

Market Scope: North America Knee Braces Market

North America Knee Braces market is segmented based on

Based on type, North America knee braces market is segmented into

Prophylactic Knee Braces

Rehabilitative Knee Braces

Patellofemoral Knee Braces

Functional Knee Braces

Based on application / use North America knee braces market is segmented into

Medical Use

Sports Use

Based on end user, North America knee braces market is segmented into

Hospitals

Orthopaedic Clinics

Others

Based on country, North America knee braces market is segmented into

U.S.

Canada

Regional Analysis: North America Knee Braces Market

Geographically North America knee braces market is divided into U.S. and Canada. U.S. knee braces market is expected to have notable growth rate owing to factors such as prevalence rates of osteoarthritis and injury during the sport. According to Centre for Disease Control and Prevention (CDC), in the year 2016 estimated 30 Mn U.S. adults were affected with osteoarthritis. Canada knee braces market is projected to have lucrative market growth owing to the technological advancements and developments in knee braces market. Furthermore, increase in government funding and public spending expected to bolster the Canada knee braces market over the forecast period. For instance, Government of Canada has invested $2.46 Mn for the launch of Spring Loaded Technology Inc.’s bionic Knee brace Levitation. Levetation was launched in U.S. in June 2017.

Competition Assessment: North America Knee Braces Market

Key player’s profiles in North America Knee Braces market include

Becker Orthopedic (U.S.)

3M Company (U.S.)

Chase Ergo Inc. (U.S.)

BSN Medical GmbH (Germany)

Dicarre Llc (U.S)

Corflex Inc. (U.S.)

Medi Gmbh & Co. Kg (Germany)

Pelican Manufacturing(Australia)

Össur (Iceland)

Remington Products Company (Spectrum Brands Holdings, Inc.) (U.S.)

Reh4Mat (Poland)

Zimmer Biomet Holdings Inc. (U.S.)

United Ortho (U.S.)

DJO North America Inc. (U.S.)

Spring Loaded Technology Inc. (Canada)

Notable Market Developments: North America Knee Braces Market

In May 2015, Townsend Design launched Active Reliever, an osteoarthritis knee brace in North America and sales began in July 2015.

The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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